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Dec 6, 2012
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harry reid feels differently. and the president feels differently. >> the president is right to say this is an extreme measure and was used irresponsibly last year. it hurt the economy last year. megyn: just to clarify and tell the viewers what you are talking about. the republicans in exchange for raising the debt limit said we'll do it but there have to be spending cuts to offset the amount of debt. >> what i don't like about the debt ceiling process is we have a process to create budget and there are congress and committees. things are supposed to go through both houses and get voatds on. i think this is going outside the democratic process. the republican numbers went down much more than barack obama's did last year. i think they have to be careful about what they are doing here. >> i think the reason simon doesn't like it is because it gives the republicans leverage to force the president to deal with the debt. the president has as much chance of succeeding as you have of getting john bolton to cry on your sh
harry reid feels differently. and the president feels differently. >> the president is right to say this is an extreme measure and was used irresponsibly last year. it hurt the economy last year. megyn: just to clarify and tell the viewers what you are talking about. the republicans in exchange for raising the debt limit said we'll do it but there have to be spending cuts to offset the amount of debt. >> what i don't like about the debt ceiling process is we have a process to create...
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Dec 6, 2012
12/12
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and demint made a point of personally going to harry reid's office to tell him face-to-face that he decided to resign. i can tell you as an observer of the senate watching relationships deteriorate, this was surprising but a good surprise. >> leaving on a good note at least with the majority leader in the senate. dana, thanks very much. and i'm joined now by senator demint along with heritage foundation founding trustee, the current president, we see the outgoing president, ed feulner, thanks for coming in. we're going to talk a little about the state of the heritage foundation and the republican party. the senator's here, the newsmaker, you shocked all of us. why did you do this? >> wolf, after this last election it's apparent we need to do more as conservatives to convince americans that our ideas and policies are going to make their lives better. the heritage foundation is the premier think tank, research organization, the premier idea group for the conservative movement. this will give me the opportunity to help take our case to the american people. and to translate our policies into re
and demint made a point of personally going to harry reid's office to tell him face-to-face that he decided to resign. i can tell you as an observer of the senate watching relationships deteriorate, this was surprising but a good surprise. >> leaving on a good note at least with the majority leader in the senate. dana, thanks very much. and i'm joined now by senator demint along with heritage foundation founding trustee, the current president, we see the outgoing president, ed feulner,...
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Dec 11, 2012
12/12
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and now, speaker boehner is pointing the finger at the democrats and harry reid says it will be hard to get anything done before christmas. we will get our shopping done and hold you accountable later. and now, mike, speaker boehner said the meet was friendly but not productive. >>reporter: you get a sense that president obama and speaker boehner get along fine but today boehner hammered the president essentially making the point that if he got the tax increases he wants, we would still face trillion dollar deficits. here is more from speaker boehner on cutting spending. >> the president doesn't agree with our approach, he has an obligation to put forward a plan that can pass both chambers of the congress. right now the american people have to be scratching their heads and wondering when the president will get serious. >>reporter: you hear frustration from the speaker of the house and we hear frustration from owe lawmakers. the negotiations are between just the president and the speaker and folks are walking around capitol hill not sure what is going on in the private talks. >>shepar
and now, speaker boehner is pointing the finger at the democrats and harry reid says it will be hard to get anything done before christmas. we will get our shopping done and hold you accountable later. and now, mike, speaker boehner said the meet was friendly but not productive. >>reporter: you get a sense that president obama and speaker boehner get along fine but today boehner hammered the president essentially making the point that if he got the tax increases he wants, we would still...
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Dec 7, 2012
12/12
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senator harry reid used an interesting analogy on the floor to describe the current state of the republican party. listen to this first. >> he's got a problem. he has three quarter backs, sanchez, he's got tim tebow, a guy by the name of mcilroy. he can't describe who is going to be the quarterback. that's the same problem that the republicans are having. romney is there but he's in the background. who is the quarterback, mr. president. >> hogan, what do you think? who's the quarterback? >> what a great question. i think, look, inherently the democrats have the advantage with the bully pulpit of the presidency. we don't have that out there right now. there are people who can talk about republican governance and why it's better and why we should lean towards that but until you have that, it's tough to rise to the level of the gravitas of those in the white house. this whole notion that we're some discome bob lated party, we took it on the election and there will be scrambling around after a big loss like that. but we've got some voices out there and we'll see as we get closer and closer to i
senator harry reid used an interesting analogy on the floor to describe the current state of the republican party. listen to this first. >> he's got a problem. he has three quarter backs, sanchez, he's got tim tebow, a guy by the name of mcilroy. he can't describe who is going to be the quarterback. that's the same problem that the republicans are having. romney is there but he's in the background. who is the quarterback, mr. president. >> hogan, what do you think? who's the...
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Dec 12, 2012
12/12
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harry reid who's a senate majority leader says he does not expect a deal before christmas. terrell. >> we'll have to see. susan mcginnis in washington. thank you so much. >>> today in morocco, they opened a meeting to discuss the syrian crisis. they're expecting to give them null political recognition during that same interview set to air on friday night on "20/20," president obama says it's a big move. >> the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people. >> the president also told abc's barbara walters that with that recognition comes responsibility. clarissa ward has more on the opposition now from london. >> reporter: this is the man chosen to lead a newly formed coalition of syria's opposition groups. >> what does it mean to be recognized by the u.s.? the u.s. administration has big influence globally he told us. a step like that would pull the rug from under the regime on all levels, politically, economically, and militarily.
harry reid who's a senate majority leader says he does not expect a deal before christmas. terrell. >> we'll have to see. susan mcginnis in washington. thank you so much. >>> today in morocco, they opened a meeting to discuss the syrian crisis. they're expecting to give them null political recognition during that same interview set to air on friday night on "20/20," president obama says it's a big move. >> the syrian opposition coalition is now inclusive enough,...
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Dec 13, 2012
12/12
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we will bring you comments from senators harry reid and dick durbin. that is live, and that is coming up. >>> the "cnbc realtime exchange market snapshot" is brought to you by interactive brokers. >>> it is time for another capital markets op-ed. buybacks. >> you guys covered this yesterday at great length. i hoped to look at some of the newspapers today, "the wall street journal" was the only newspaper somewhat critical about this. look, warren buffett will be buying back stocks. he was never going to buy back stock or split the stock. he was never going to put the stock in the s&p 500. if this is not hypocritical to the maximum level -- no, no, no. he has changed. >> oh, a long time ago. >> a long time ago. never believed in buybacks. never would split a stock into the "b" shares and would never go into the s&p 500. you don't want closet indexes owning the name. that's some of the hypocrisy. but given the fact that he took out one of the early investors in this stock before the capital gains tax goes up, i mean, really? come on. if this wasn't buffet
we will bring you comments from senators harry reid and dick durbin. that is live, and that is coming up. >>> the "cnbc realtime exchange market snapshot" is brought to you by interactive brokers. >>> it is time for another capital markets op-ed. buybacks. >> you guys covered this yesterday at great length. i hoped to look at some of the newspapers today, "the wall street journal" was the only newspaper somewhat critical about this. look, warren...
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Dec 8, 2012
12/12
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reid is the only person in the senate that can pass a bill in the senate as well. it sounds like people like howard dean want everybody's taxes to go up. maybe we should feel fortunate that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what we'll vote for hopefully is to extend the current tax rates permanently and start working with president obama on true pro growth tax reform, but again, it sounds like treasury secretary geithner is happy to take the economy off the fiscal cliff, and again, if president obama wants to do that, he can do that, it sounds like that's exactly where he wants to go, what is kind of amazing, maybe republicans should take, you know, a victory lap from the fact that we've actually convinced democrats it's a good thing to maintain the bush tax cuts for at least 98% of the american population. i guess that's a good thing. i hope, i hope if president obama decides to increase
reid is the only person in the senate that can pass a bill in the senate as well. it sounds like people like howard dean want everybody's taxes to go up. maybe we should feel fortunate that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what we'll vote for hopefully is to extend the current tax rates permanently and...
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Dec 7, 2012
12/12
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he took the debt limit and put that on the floor and harry reid said i'm going to take a look at it and get back to you. few hours he said hey, mitch, let's do it. and we have the votes let's put it on the floor and mitch mcconnell said only if there's a 60 vote thresh hold and republicans lost a lot of leverage there. this -- remember the debt ceiling limit was something republicans thought they could deal on going forward and that they could maybe get some spending cuts and agreement to raise the debt limit. >> they thought they had the upper hand. mitch mcconnell sort of blew his own leverage. dick gephardt and the others you've spoken to say about the way the current leadership is handling this. >> they're optimistic. when i talk to the former house majority leader gephardt yesterday, he said i feel like there's a rhythm to these things and we're in a rhythm now where the principles, the president and speaker are talking and not leaking those calls. if you saw both the white house was very cagey about the call yesterday between the two men, speaker boehner wouldn't talk about the --
he took the debt limit and put that on the floor and harry reid said i'm going to take a look at it and get back to you. few hours he said hey, mitch, let's do it. and we have the votes let's put it on the floor and mitch mcconnell said only if there's a 60 vote thresh hold and republicans lost a lot of leverage there. this -- remember the debt ceiling limit was something republicans thought they could deal on going forward and that they could maybe get some spending cuts and agreement to raise...
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Dec 10, 2012
12/12
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reid. both democrats wanted to make sure president obama will not freeze them out of fiscal cliff negotiations. far from frozen, some set of republicans appear to be warming to higher tax rates on households earning more than $250,000. if and only if that leads to benefit cuts in health care entitlements like medicare and medicaid. >> give the president the 2% increase that he's talking about, the right increase on the top 2%, and all of a sudden, the shift goes back to entitlements. >> but house republicans, the key to any fiscal cliff deals remains suspicious. >> the president wants the rates to go up, that doesn't solve the problem. we don't want to be back here in another year, in another ten years answering the same questions. >> reporter: the republican co-chairman of the deficit reduction commission said higher tax rates are inevitable. >> if anybody out there who's, quote, rich doesn't think their taxes go up, the drinks are on me. i'll cover it. >> reporter: mr. obama and house dem
reid. both democrats wanted to make sure president obama will not freeze them out of fiscal cliff negotiations. far from frozen, some set of republicans appear to be warming to higher tax rates on households earning more than $250,000. if and only if that leads to benefit cuts in health care entitlements like medicare and medicaid. >> give the president the 2% increase that he's talking about, the right increase on the top 2%, and all of a sudden, the shift goes back to entitlements....
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Dec 5, 2012
12/12
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harry reid came out and said that he thinks the republican proposals so far haven't been good enough. >> they've got to come with some specific revenue. they've refused to do that. it's all these generalities. they'll close loopholes. it's a simple question, as president clinton said, of arithmetic. arithmetic. you can't get from here to there unless you raise the rates. >> so guys, that's where we are as of this morning, and now what everyone's waiting for is which side will make a concrete proposal here that actually includes some concessions? back to you. >> joining us from washington, d.c., jake sherman, congressional reporter for politico. who is going to make some honest concessions first? >> what eamon said is absolutely right. this comes down to one thing, whether republicans are willing to raise marginal income tax rates on americans. they're saying they're willing to raise revenue, but president obama has one criteria in this debate and that's raising income rates on all americans. right now, the sides are in their two corners on this and nobody is moving. so we're really on
harry reid came out and said that he thinks the republican proposals so far haven't been good enough. >> they've got to come with some specific revenue. they've refused to do that. it's all these generalities. they'll close loopholes. it's a simple question, as president clinton said, of arithmetic. arithmetic. you can't get from here to there unless you raise the rates. >> so guys, that's where we are as of this morning, and now what everyone's waiting for is which side will make a...
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Dec 7, 2012
12/12
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reid in 2010. as forde mint's replacement colbert said the choice is clear. >> let's see you want somebody young. somebody conservative. somebody from south carolina. maybe somebody who has a super p.a.c. >> reporter: now the governor has not indicated whether she favors colbert or anyone else. she may not make her decision for another month or so. but if by some small chance he's not selected norah and charlie he could still run for the seat outright when both of south carolina senate seats are up for grabs in 2014. >> all right, nancy cordes. i won't hold my breath on that one. from stephen colbert to justin bieber. he says winning a grammy award is one of his goals but it won't happen this year. he didn't get a single nomination and he's not happy about it. we'll show you what's next. >> this portion of cbs "this morning" is sponsored by party city. dress up your holiday party. party city nobody has more party for less. ,,,, >>> this is a cbs 5 eyewitness news morning update. >>> good morning ev
reid in 2010. as forde mint's replacement colbert said the choice is clear. >> let's see you want somebody young. somebody conservative. somebody from south carolina. maybe somebody who has a super p.a.c. >> reporter: now the governor has not indicated whether she favors colbert or anyone else. she may not make her decision for another month or so. but if by some small chance he's not selected norah and charlie he could still run for the seat outright when both of south carolina...
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Dec 11, 2012
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. >> harry reid has invited director steven spielberg to do a screening of his new movie "lincoln" right there on the senate floor. that's great idea, don't you think? we've got huge unemployment, in the middle much a war, about to go off the fiscal cliff. this guy is going, let's show a movie at work! that will be fun. no wonder they can't get anything done. >> gretchen: that's funny. i guess the only inspiration would be that maybe it would be inspiration to actually get something done because if you see the movie, you see that president lincoln got something done. >> steve: of course, that's in the senate. a u.s. senator is weighing in on the new movie that comes out in december, called "zero dark 30", all about the operation that got bin laden. what's interesting, though, and we haven't seen the movie yet, but apparently, according to people who have seen the movie, about the first 15 minutes involves a water boarding of the courier by operatives and, of course, the water boarding by the curier led to mr. bin laden and his compound. but there is a problem there. that is the fact that
. >> harry reid has invited director steven spielberg to do a screening of his new movie "lincoln" right there on the senate floor. that's great idea, don't you think? we've got huge unemployment, in the middle much a war, about to go off the fiscal cliff. this guy is going, let's show a movie at work! that will be fun. no wonder they can't get anything done. >> gretchen: that's funny. i guess the only inspiration would be that maybe it would be inspiration to actually get...